| EXHIBIT 12.1 | ||||||||||||||||||
| Omeros Corporation | ||||||||||||||||||
| Computation of Deficiency in the Coverage of Fixed Charges by Earnings Before Fixed Charges | ||||||||||||||||||
| For the | ||||||||||||||||||
| ninemonths | ||||||||||||||||||
| ended | ||||||||||||||||||
| September 30, | Year Ended December 31, | |||||||||||||||||
| 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||||||||||||
| (in thousands, except share data) | ||||||||||||||||||
| Earnings before fixed charges: | ||||||||||||||||||
| Loss from continuing operations before income taxes | $ | (37,951 | ) | $ | (38,444 | ) | $ | (28,546 | ) | $ | (29,251 | ) | $ | (21,089 | ) | $ | (23,827 | ) |
| Add fixed charges | 4,132 | 2,305 | 2,144 | 2,104 | 2,596 | 834 | ||||||||||||
| Add amortization of capitalized interest | — | — | — | — | — | — | ||||||||||||
| Add distributed income of equity investees | — | — | — | — | — | — | ||||||||||||
| Subtract capitalized interest | — | — | — | — | — | — | ||||||||||||
| Loss before fixed charges | $ | (33,819 | ) | $ | (36,139 | ) | $ | (26,402 | ) | $ | (27,147 | ) | $ | (18,493 | ) | $ | (22,993 | ) |
| Fixed Charges: | ||||||||||||||||||
| Interest expense | $ | 1,365 | $ | 1,355 | $ | 1,532 | $ | 1,328 | $ | 1,948 | $ | 280 | ||||||
| Amortization of debt expense and loss from extinguishment of debt | 371 | 374 | 352 | 503 | 254 | 55 | ||||||||||||
| Estimate of interest expense within rental expense | 2,396 | 576 | 260 | 273 | 394 | 499 | ||||||||||||
| Preference security dividend requirements of consolidated subsidiaries | — | — | — | — | — | — | ||||||||||||
| Total fixed charges | $ | 4,132 | $ | 2,305 | $ | 2,144 | $ | 2,104 | $ | 2,596 | $ | 834 | ||||||
| Deficiency of earnings available to cover fixed charges | $ | (37,951 | ) | $ | (38,444 | ) | $ | (28,546 | ) | $ | (29,251 | ) | $ | (21,089 | ) | $ | (23,827 | ) |
Omeros (OMER)
Filed: 7 Nov 13, 12:00am